They are significantly cheaper than site-built homes, even when subtracting the cost of the land required to build a site-built home.Īccording to an analysis of census data, mobile homes tend to be three to five times cheaper than traditionally built single-family homes, which makes them an attractive investment. One of the biggest advantages of wholesaling mobile homes is the relatively low price – in terms of real estate investing. The recent real estate demand across sectors has driven prices so high that the number of mobile home investors has also exploded. Since the beginning of 2020 and the pandemic, mobile home prices have continued to rise, hitting an average sales price of more than 123K near the end of 2021. However, this extraordinary interest in mobile homes is the result of many homebuyers being priced out of the traditional marketplace. Mobile homes are still recognized to be among the least expensive housing options. Mobile home prices were on the rise even before the pandemic gripped the globe – The demand for mobile homes has been historically fickle – Mobile homeowners usually rent a space for their mobile home so they can hook up to basic amenities, like power and water, etc. They are often located in communities of trailer parks, which are areas specifically designed for mobile homeowners that offer a variety of conveniences. Mobile homes are considered to represent some of the most affordable home purchase options.